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Commentary: Old Japan strikes back

23rd Jan 2006, 13:54 GMT

'Geezers who live in the past aren't able to seize business opportunities." Takafumi Horie, president of the Internet company Livedoor, made few friends in corporate Japan with that line in his 2004 book "The One Who Makes Money Wins." The Web technology upstart may have even fewer, now that he is the subject of an investigation that helped trigger a sell-off in Japanese stocks and shut down trading in Tokyo.

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